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Carmelray Industrial Corporation (CIC) is the Developer of:

Carmelray Industrial Park I ( CIP I )

  • Fully Integrated 270 hectare Industrial Estate
  • 60 Companies from various Industries
  • Consistent A-1 PEZA rating
  • Masterplanned by JTCI


JTC International and Arcasia have become one.

ASCENDAS. Asia’s foremost business space solutions provider.

Created on 8 January 2001, Ascendas is the result of a synergistic merger between Arcasia Land and JTC International.


  • a strong team of over 180 professionals.
  • a total of S$1.2 billion assets.
  • a business environment spread over 1.2 million square meters in Singapore, India, China and the Philippines.
  • with offices in the United States and Japan.